Current Affairs - My Take

Current Affairs - My Take

A blog on current affairs and (sometimes) how they interact with the crypto world.

Catching a falling knife is hard, but you can try to grab the hilt as it goes past you !

13 Oct 2022 2 minute read 1 comment Alonicus

Today was a fascinating, and slightly scary day. The Fed did it's monthly CPI inflation rate announcement, and it made for pretty grim reading. The headline inflation rates were 8.2% for the past 12 months, and 0.4% for September. The reality is that...

Is El Salvador Missing an Opportunity ?

28 Sep 2021 2 minute read 7 comments Alonicus

El Salvador has been in the news a lot recently, especially crypto news, as it adopts the Bitcoin as legal tender. Much has been made of the government buying BTC on the dip (according to Reuters, they now hold 700, worth just under $30m as I type th...

Why US National Debt Might Not Be As Bad As It Looks

21 Sep 2021 2 minute read 0 comments Alonicus

It's that time again, where the US Congress bickers among themselves to try to agree on another increase of the debt ceiling to enable a spending plan on the order of $3.5 trillion. Depending on which side of the fence you fall on, the spending plan...

Inflation and Your Crypto

10 Sep 2021 3 minute read 2 comments Alonicus

The governments of the world have been printing fiat money like it's going out of fashion. Tip: someone should tell them it is ! It's not just their response to the pandemic, it's a kind of knee-jerk reaction to any crisis, however large or small. Pa...

Afghanistan - the impact on the World Economy and Crypto

20 Aug 2021 4 minute read 7 comments Alonicus

The Afghan situation is a mess, to the point where it could be described with any phrase starting with "Cluster". But how could it impact crypto ? Firstly, through it's economic impacts. Afghanistan is (was) the recipient of significant amounts of in...